Thirdware Solution Limited - Company overview

Thirdware is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN U72900MH1995PLC089765). Business overview…

1995-06-20 Mumbai, Maharashtra Amalgamated Unlisted Active Compliant
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TS Thirdware Solution Limited

Key Metrics

AUTHORISED CAPITAL
8.00 cr
PAID-UP CAPITAL
4.70 cr
COMPANY AGE
30 Years 10 Months
since 1995-06-20
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-07-15
OPEN CHARGES
3
-113.81 cr
SATISFIED CHARGES
7
113.81 cr
REVENUE
PROFIT / LOSS
EBITDA
NET WORTH
TOTAL ASSETS
TOTAL MONEY RAISED
ACTIVE GST
3
Updated: 2023-02-22 06:13:44

About Thirdware

Thirdware is an MCA-registered Indian company: a Public Limited Indian Non-Government Company (CIN U72900MH1995PLC089765). Business overview includes Information Technology (IT Products Retail & Distribution), incorporated on June 20, 1995 (31+ years old), headquartered in Mumbai, Maharashtra, India. The company is currently Amalgamated with Active Compliant compliance status. For FY 2024, the company reported revenue of ₹361.21 Cr with a profit of ₹97.16 Cr. It has 3 active directors. The company employs approximately 621 people.

IT Products Retail & Distribution IT Consulting & Support Services
  • Location Oberoi Garden Estate, Near Chandivali Studio Wing-I, Mumbai, Maharashtra - 400072
  • Website thirdware.com
Name History
CIN / LLPINU72900MH1995PLC089765
Company No.089765
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1995-06-20
Date of AGM2024-07-15
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai
PAN
LEI Number
Active ComplianceActive Compliant

Financial Performance of Thirdware

Revenue Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▲ 38.3% Growth (3 Year) ▼ -9.9%
Profit/Loss Over The Year
2019 · 2020 · 2021 · 2022 · 2023 · 2024 · 2025
Growth (7 Year) ▼ 65.1% Growth (3 Year) ▼ 60.7%
Values are in Mixed (K, L, Cr)
Metrics FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019
Revenue 2,20,083.04 cr2,35,431.21 cr2,51,890.00 cr2,18,400.00 cr1,95,200.00 cr1,72,000.00 cr1,59,000.00 cr
Profit/Loss 13,969.70 cr 4,810.00 cr 12,200.00 cr 9,100.00 cr -8,200.00 cr 3,200.00 cr 5,100.00 cr
Cash & Bank Balance 38,200.00 cr35,100.00 cr32,000.00 cr28,500.00 cr25,200.00 cr22,000.00 cr19,800.00 cr
Net Worth 1,26,731.94 cr1,37,500.00 cr1,40,200.00 cr1,28,000.00 cr1,15,000.00 cr1,02,000.00 cr95,000.00 cr
EBITDA 27,865.49 cr29,800.00 cr30,200.00 cr27,000.00 cr24,500.00 cr22,000.00 cr20,100.00 cr

Financial Ratios

Revenue P/L EBITDA

Values in Crores (Cr) - illustrative trend

FY 2021 - FY 2025
Key Insights (FY 2025)
Revenue2,20,083.04 cr ▼ 6.5%
Profit/Loss13,969.70 cr ▲ 190.6%
EBITDA27,865.49 cr
Net Profit Margin10.54%
Debt/Equity0.47
Current Ratio0.88
Return on Equity12.3%
Ratio FY 2025FY 2024FY 2023FY 2022FY 2021
Net Profit Margin10.543.202.101.800.50
Debt to EBITDA2.141.901.701.501.20
Interest Coverage Ratio0.470.500.450.400.35
Debt to Equity0.880.900.850.800.75
Return on Equity12.103.002.001.500.20
Current Ratio1.201.151.101.050.99
Quick Ratio0.950.920.880.850.80
EBITDA Margin12.0010.008.007.005.00
Return on Capital Employed8.002.001.000.200.00
Earning Per Share4.000.000.000.000.00

Shareholding Pattern

Shareholding Pattern (FY 2025)
  • Promoters 33.19%
  • DII 23.22%
  • FII 18.28%
  • Public 22.89%
  • Others 2.42%
Shareholding Pattern over the Year
Category 20252024202320222021
Promoters33.19%33.50%33.80%34.00%34.41%
DII23.22%22.90%22.50%22.10%21.80%
FII18.28%18.00%17.60%17.20%16.90%
Public22.89%23.10%23.50%24.00%24.20%
Others2.42%2.50%2.60%2.70%2.69%
Subsidiaries Company (6)
TAYO ROLLS LIMITED
54.91% held
THE TATA PIGMENTS LIMITED
100% held
CERAMAT PRIVATE LIMITED
90% held
BHUSHAN STEEL (SOUTH) LIMITED
100% held
NEELACHAL ISPAT NIGAM LTD
99.68% held
TATA STEEL DOWNSTREAM PRODUCTS LIMITED
100% held

EPFO Establishments (1)

MRNOI0019835000 Closed/All Member Excluded
StatusCode No Allotted Was Before Online Registration Started.
ActivityPaper
StateUttar Pradesh
Coverage07-JUN-1995

Current Directors (3)

H
Director | Since 2024-04-18
P
Director | Since 2023-02-09
N
Director | Since 2022-06-03

Charges Overview

Others : 56.25 cr
Citi Bank N.A. : 25.56 cr
Hdfc Bank Limited : 20.00 cr
Open Charges: 3 Satisfied Charges: 7
Open -113.81 cr
Satisfied 113.81 cr
LenderAmountStatus
Others
Creation Date: 03 Jun 2021
18.75 cr Closed
Others
Creation Date: 03 Feb 2021
18.75 cr Closed
Citi Bank N.A.
Creation Date: 07 Oct 2015
25.56 cr Closed

Business Activity

Activity GroupDescriptionTurnover %
Information and communication-100.00

Flagged By Authority

Regulatory and exchange flags (preview)

Frequently Asked Questions about Thirdware
What is CIN of Thirdware?
The Corporate Identification Number (CIN) for Thirdware is U72900MH1995PLC089765. CIN is a distinct identification code allotted by the Registrar of Companies (ROC) under the Ministry of Corporate Affairs (MCA). The company registration number is 089765 as per MCA.
When was Thirdware incorporated?
Thirdware was incorporated 30 years 10 months ago on 20 Jun 1995.
What is paid-up capital and authorised share capital of Thirdware?
The paid-up capital of Thirdware is ₹ 47,008,000.00 and authorised share capital is ₹ 80,000,000.00.
Who are the current board members and directors of Thirdware?
Currently 3 directors are associated with Thirdware: Heena Nikhil Shah, Padala Ramkrishna Rao, Nalin Mittal.
  • Heena Nikhil Shah
  • Padala Ramkrishna Rao
  • Nalin Mittal
What is the registered address of Thirdware?
As per Ministry of Corporate Affairs (MCA), the registered address of Thirdware is Oberoi Garden Estate, Near Chandivali Studio Wing-I, Andheri (E), Mumbai, Mumbai, Maharashtra, 400072, India.
What is the official website of Thirdware?
The official website of Thirdware is https://thirdware.com.
What is the ROC code of Thirdware?
Thirdware ROC code is Roc Mumbai.
What is the company classification of Thirdware?
Thirdware is classified as Public Limited Indian Non-Government Company.
Thirdware - is it listed or unlisted?
Thirdware is a Unlisted company.
What is the current status of Thirdware?
Thirdware is currently Amalgamated and registered in Mumbai, Maharashtra, India.
What industry or business activity is Thirdware associated with?
Thirdware lists activity aligned with: Information Technology - IT Products Retail & Distribution - Information and communication. See the Overview and Competition sections for fuller industry context.
How many employees does Thirdware have?
Available records indicate roughly 621 employees for Thirdware. Confirm against filings and EPFO-related signals on the profile where shown.
Does Thirdware have GST registrations on file?
Thirdware shows 3 active GST registration signal(s) in compliance overview data. Open the Compliance tab for GSTIN and filing context when your plan allows.
Where can I see charges and lenders for Thirdware?
Use the Charges tab for MCA charge filings, charge holders, and open versus satisfied charges for Thirdware.
How do I contact Thirdware?
Use the official website at https://thirdware.com and the registered office address on this profile for corporate contact. Infyner does not publish personal customer-care numbers unless they appear in sourced company records.
What is the turnover or revenue of Thirdware?
Turnover and revenue appear in filed financial statements when available. Open the Financial tab on this profile for revenue, profit or loss, balance sheet metrics, and related MCA filings - not headline estimates.
How can I get the financial details of Thirdware?
You can view revenue, profit or loss, balance sheet metrics, and related filings on the Financial tab of this company profile.
What is the net worth of Thirdware (last filed snapshot)?
As per the latest financial snapshot on file for FY 2024, net worth is about ₹ 92.24 Cr. Verify figures on the Financial tab and supporting filings.